Based on the last 12 Balance of Trade events in Australia, we expect a 20 pip movement on NZDUSD within 2 hours following the event release at 06 Oct 00:30 UTC. We expect NZDUSD to trend downwards 2 hours following the event release at 06 Oct 00:30 UTC if the released value is > A$5.154B
Historical events that allowed us to draw this conclusion
04 Jun 01:30 |
09 Jan 00:30 |
07 Nov 00:30 |